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2 years ago

It is generally harder to transfer one's ownership interest in a partnership than in a corporation. a. True b. False

1 answer:

7 0

There are different kinds of business. It is generally harder to transfer one's ownership interest in a partnership than in a corporation is a True statement.

<h3>Why is it harder to transfer one's ownership interest in a partnership?</h3>

Partnerships and proprietorships are known to have a tax advantage when compared to corporations. It is therefore harder to transfer one's ownership interest in a partnership than that of an corporation.

Ownership in a corporation is said to be usually transferred through the sale of stock. A change in ownership is known to not affect the presence of the corporation.

learn more about Partnerships from

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Jones, a consulting manager of Miller & Co., is considering membership on an audit client's board of directors. Jones does n

vfiekz [6]

Answer:

C. Jones may not join the board because the rules prohibit all firm professionals from serving as a director of a client.

3 0

3 years ago

Van Den Borsh Corp. has annual sales of $68,735,000, an average inventory level of $15,012,000, and average accounts receivable

Romashka-Z-Leto [24]

Answer:

The answer is d. -32 days.

Explanation:

<u>*The before change cash conversion cycle</u> = Days of inventory outstanding + Days of receivables outstanding - Days of payable outstanding.

in which:

Days of inventory outstanding = Average inventory / Cost of good sold x 365 = ( 15,012,000 / ( 68,735,000 x 0.85) ) x 365 = 94 days

Days of receivables outstanding = Average Receivables / Revenue x 365 = ( 10,008,000 / 68,735,000 x 365 = 53 days

Days of payable = 30 days

=> Before change cash conversion cycle = 117 days.

* <u>The after-change cash conversion cycle</u> is calculated with the same formula, however with estimated changes be applied in the formula as followed:

Days of inventory outstanding = Average inventory / Cost of good sold x 365 = ( (15,012,000 - 1,946,000) / ( 68,735,000 x 0.85) ) x 365 = 82 days

Days of receivables outstanding = Average Receivables / Revenue x 365 = ( (10,008,000 - 1,946,000) / 68,735,000 x 365 = 43 days

Days of payable = 40 days

=> After-change cash conversion cycle = 82 + 43 - 40 = 85 days

<u>=> Net change is 85 - 117 = -32 days</u>

6 0

3 years ago

Which group of players uses the goods and services produced in the game of economics?

KatRina [158]

Answer:

Question 1

Which group of players uses the goods and services produced in the game of economics?

The group of players that uses goods and services produced in the game of economics are the CONSUMERS

Question 2

Which does NOT describe the role that workers play in the economy?

The role that does not describe the role of workers in the economy is act as both consumers and producers. They were never consumers and producers in the economy, they only help in production and make decisions based on business model

Question 3

In economics, businesses do all EXCEPT which of the following?

Businesses does not guide the economy In economics rather they hire workers that helps to carryout production activities among others and organize production and either purchase resources or produce the resources

Question 4

Which of the following statements best describes the results provided by market research?

Market research helps producers understand market forces better, the market forces has to do with the law of demand and supply which helps to acquire the market skills and plan for future occurrence.

Question 5

Which consumer purchase is the result of peer pressure?

mirrored sunglasses because all your friends have them

Question 6

Consumers play an important economic role because they decide on what goods and services to use and buy, how much to buy, and what prices they are willing to pay for it.

True

Question 7

Producers try to satisfy the needs and wants of consumers for goods and services. They have to understand what consumers need or want and how much they are willing to pay for those goods and services.

True

Question 8

Culture, peer pressure, price, and environmental changes influence the decisions made by producers and consumers.

True

Question 9

Which of the following activities shows the government playing the role of producer?

The government buys materials to build a bridge.

Question 10

Which of the following activities shows the government playing the role of consumer?

The government uses electricity to run its offices.

Explanation:

3 0

3 years ago

The Money Pit Mortgage Company is interested in monitoring the performance of the mortgage process. Fifteen samples of five comp

djverab [1.8K]

Answer and Explanation:

As per the data given in the question,

Sum of the all mean value = 151

Average of the mean value = 151 ÷ 15 = 10.067

Similarly, Sum of the all given range = 151

Average of given range value = 151÷ 15 = 10.067

Control charts for the mean and the range, using the original 15 samples :

Upper control limit(UCL) - Lower control limit(LCL) for X bar is

= 10.067 + A2 × R bar

= 10.067 + (0.223 × 10.067)

= 12.31

LCL - UCL for X bar is

= 10.067 - A2 × R bar

= 10.067 -(0.223 × 10.067)

= 7.82

Set up the R-chart by specifying the center line and three-sigma control limits below :

UCLr = D4 × r

= 1.653 × 10.07

= 16.65

r = 10.067

= 10.07

LCLr = D3 × r

= 0.347 ×10.07

= 3.49

5 0

3 years ago

Given a 7 percent interest rate, compute the present value of payments made in years 1, 2, 3, and 4 of $1,350, $1,550, $1,550, a

igor_vitrenko [27]

Answer:

The present value of cash flows is $ 5,292.13

Explanation:

The present value is today's equivalence of the company's future cash flow discounted using the 7% interest rate as a discount rate.

Formula for pv of a cash flow=cash flow/(1+r)^n

r is the 7% interest rate

n is the relevant year each cash flow relates to

PV=$1,350/(1+7%)^1+$1550/(1+7%)^2+$1550/(1+7%)^3+$1850/(1+7%)^4=

$ 5,292.13

6 0

3 years ago